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Please help how to determine mode of payment
payment received from foreign customer. Now to show it as export condition is there that payment should be received in foreign convertible exchange. how can I determine the same from bank statement?
Replies (1)
Normally banks write in narration e.g USD 10000 × 72.35
That means it is convertible foreign exchange.
You can take FIRC from bank to strengthen your claim.
Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
That means it is convertible foreign exchange.
You can take FIRC from bank to strengthen your claim.
Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
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